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Aaron Schock, a rising Republican star already facing an ethics inquiry, has spent taxpayer and campaign funds on flights aboard private planes owned by some of his key donors, The Associated Press has found. The expenses highlight the relationships that lawmakers sometimes have with donors who fund their political ambitions, an unwelcome message for a...

Warren Buffett tells CNBC he wants to make his first public comments to shareholders this weekend about tonight's blistering report by Berkshire Hathaway's Audit Committee on David Sokol's Lubrizol trades.

Democratic Rep. Charles Rangel said Friday he looked forward to clearing his name next week at a meeting of the House ethics committee, which has indicated the 40-year congressional veteran will be charged with serious violations.

Federal prosecutors in North Carolina filed criminal fraud conspiracy charges against Beazer Homes USA on Wednesday, but they agreed to dismiss the case if the company complies with an agreement accepting responsibility for certain wrongdoing and pays millions to victims.

The report from the Business Roundtable Institute for Corporate Ethics, comprised of U.S. business and academic leaders, and the CFA Centre for Financial Market Integrity asks that companies go beyond government regulations and standardize the way quarterly earnings reports are disseminated.

House and Senate Democrats are certainly trying to shake things up on Capitol Hill. Both chambers are expected to push an energy package through for some $15 billion in fees, taxes and royalties on big oil (we'll have another post on this subject). But--they're doing a lot more says CNBC's John Harwood on "Power Lunch."